TAjames

Bet has been respecting channel since new uptrend started.

Long
ASX:BET   BETMAKERS TECHNOLOGY GROUP LTD
Although im no longer in bet long term, im suprised on how nice the bet chart has been this year, even during the sell off last week. Its been an easy short term trade with stops just under the trendline. I constantly thought through volume that bet was extended, but its just been a clean hold for whoever has been holding it.
I had a target of $1.50, and now that its been hit i dont know how much further it could go.. based off TA, there might be a break out of the top trend line here, followed by a couple weeks of sell off to test bottom trend line again.
Bet is solely a short term trade here for me now, ill look for an entry at bottom trend line.
Beautiful chart though 👌
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